Credit Risk Administration Mgr

US Bank Earth City , MO 63045

Posted 4 months ago

Position reports to USBHM Chief Credit Officer and manages a team whose responsibilities include (1) Residential Mortgage Credit Policy, (2) Credit Risk Rules Automation and (3) Structured Credit Transactions. Position establishes credit policy for all loans originated by US Bank Home Mortgage for both Retail and Correspondent channels. This position Chairs the Credit Policy Council and is responsible for ensuring credit policies and procedures are communicated and adhered to with the objective of achieving loan quality and performance targets and growth objectives. In addition, this position handles the credit relationship with Agency and Government credit departments and Corporate Credit Administration. Position develops and maintains digital rules data base of credit policy and underwriting guidelines. Works with business operations to develop and implement automated process and systems for mortgage loan credit and investor compliance reviews. Establishes Credit Guidelines for new products/processes as part of product development team, and provides other support functions related to clarity and execution of credit policies (i.e. Credit Policy Help Line). Key knowledge expert for risk based pricing and credit risk structuring opportunities with USBHM Capital Markets, Mortgage Loan Investors, mortgage insures / credit enhancements and others

Basic Qualifications

  • 10 to 15 or more years of relevant experience in Residential Mortgage Industry

  • MBA or Master Degree in Economics, Statistics, or IT or equivalent work experience

  • Experience in Credit Administration or Credit Risk management

  • 5 years Management Experience

Preferred Skills/Experience

  • Knowledge of mortgage origination automation and rules applications for credit/ underwriting

  • Portfolio, Agency and Government Lending Credit expertise

  • Strong knowledge of assigned business line or functional area

  • Thorough knowledge of credit in mortgage industry

  • Strong verbal and written communication and presentation skills

  • Demonstrated leadership skills and organizational skills

  • Expert analytical, statistical, and modeling skills

  • Team Player with 360 Degree leadership skills

  • Knowledge of Sapiens Decision Modeling

  • Experience with Statistical Modeling including Logistical Regression, AI, Machine Learning, etc.

  • Knowledge of MS Products (PowerPoint, Word, Excel, Access)

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Credit Risk Administration Mgr

US Bank